2009-01-29 USER


[Skip to the end]


Durable Goods Orders (Dec)

Survey -2.0%
Actual -2.6%
Prior -1.0%
Revised -3.7%

 
Karim writes:

The drumbeat continues:

  • Durable good orders down 2.6% in December
  • Ex-aircraft and defense, down 2.8% (and down 32.5% at an annualized rate in Q4)
  • Consensus for Q4 GDP tomorrow is -5.5%; today’s durables data adds downside risk to that estimate and the claims/confidence data indicate that Q1 may well be as weak as Q4.

[top][end]

Durable Goods Orders YoY (Dec)

Survey n/a
Actual -19.7%
Prior -19.1%
Revised n/a

[top][end]

Durables Ex Defense MoM (Dec)

Survey n/a
Actual -4.9%
Prior -3.9%
Revised n/a

[top][end]

Durables Ex Transportation MoM (Dec)

Survey -2.7%
Actual -3.6%
Prior 1.2%
Revised -1.7%

[top][end]

Durable Goods ALLX (Dec)

[top][end]


Initial Jobless Claims (Jan 24)

Survey 575K
Actual 588K
Prior 589K
Revised 585K

 
Karim writes:

  • Initial claims rise 3k to 588k (4wk avg up to 542k from 518k)

[top][end]

Continuing Claims (Jan 17)

Survey 4620K
Actual 4776K
Prior 4607K
Revised 4617K

 
Karim writes:

  • Continuing claims rise 159k to 4776k, all-time high in the 41yrs of the claims series
  • Despite the decline in energy prices and publicity surrounding stimulus plan, both ABC and Conference Board surveys made new lows in the past week- reflecting that the labor market is now the key driver of sentiment

[top][end]

Jobless Claims ALLX (Jan 24)

[top][end]


New Home Sales (Dec)

Survey 397K
Actual 331K
Prior 407K
Revised 388K

[top][end]

New Home Sales Total for Sale (Dec)

Survey n/a
Actual 357.00
Prior 397.00
Revised n/a

 
This continues to fall rapidly as new construction rates falls way below sales.

In fact, the lack of new home inventory is probably restricting sales.

[top][end]

New Home Sales MoM (Dec)

Survey -2.5%
Actual -14.7%
Prior -2.9%
Revised -4.4%

[top][end]

New Home Sales YoY (Dec)

Survey n/a
Actual -44.8%
Prior -38.3%
Revised n/a

[top][end]

New Home Sales Median Price (Dec)

Survey n/a
Actual 206.50
Prior 219.70
Revised n/a

[top][end]

New Home Sales TABLE 1 (Dec)

[top][end]

New Home Sales TABLE 2 (Dec)


[top]